TEMCO – Detailed About TEMCO’s Operating Cycle
TEMCO conceptualized, not just the seller identification system and bass for checking and storing the info, but an evolution and review system, large data analysis tool analysis information, and an ecosystem for item buying via the TEMCO marketplace allowed process cycle. Via every procedure, linking the developer to the final users, verifying, creating, evaluating and storing of supply data are all done in true time.
TEMCO’s seller Verification System
Seller Verification System: TEMCO manages seller verification systems for warehouses, developers as well as for distributors. Via the seller app, sellers are verified according to business registration, ID, factory registration, etc. all depending on the firm.
Just the identified suppliers can use supply chain solution method given by TEMCO to communicate with the user. Users can check detailed and perfect info about the suppliers via the user app given by TEMCO, and find out which transporting firm delivered the purchased item.
TEMCO’s Supply Chain data Storage
Supply Chain data Storage procedure: firms that are registered via the seller verification ecosystem can save supply info via the smart tagging. The developer can transform items to the warehouse and then request for approval of the transfer.
As the ware house firm receives the item from the developer, the QR code of the item, RFID of the item, etc… can be tagged with the smart device app. If the item requested is transported correctly, it gets verified via an app and gets accepted. This kind of procedure is performed below the basis of the smart agreement.
The warehouse will follow the process for preserving the item received based on the instruction given from the developer and such info is saved into the system regularly on exact time. Also, during the shipping procedure, the warehouse can move the item, request for verification from transportation firm.
The transportation firm, as getting the item, follows the managing and care process on the instruction given by the developing company and their own, applying smart tagging to confirm and identify the stored info of the item, such temp, humidity and more, and then accepts the item. This procedure as well is done via smart agreement basis, and any data link top this procedure is stored into the block.
Then the identified item is transported to the wholesale distributor, following the instruction and process requested by the developing firm. The transportation firm as well requests for approval, and if the wholesale firm received the item in fine condition, it’ll process to intelligent tagging, checking the info, and then confirms getting of the item!
Smart tagging and info identification are completed via smart agreement, as the managing firms of the item change and the supply info is stored into the block in actual time.
TEMCO’s Authentication of Supply Chain Info
Consumer’s Authentication of Supply Chain Info: users can review and check supply related info harvested via smart agreement on the app at any place and at any time. Not just the temp, delivery way etc…, the user can check how the items are delivered, stored as well as maintained by which managing firm starting from the developer to the last user in detail.
The smart agreement is also ready for the possibility of forgery and change of item info from the record keeping firm during the documentation procedure. TEMCO contains a platform where it can track item distribution procedure even to the box part via block, so during the smart agreement procedure, it eliminates the threat of moral hazards, such as suppliers entering diff info about the items rather than an actual condition.
TEMCO’s Product Ranking and Reviews System
Product Ranking System and Consumer Reviews: A user can rate the developer, after buying the item; via an app. The rating can include review, satisfying rate and more. TEMCO will make known the rankings of the developing firms based on user ratings throughout every specific time.
Though the rating system is remarkable for users and the developers, it can’t be the clear standard for judging the developers. Even though, the via the review system, the user can get more detailed info, developers can enhance their business via understanding the needs and requests of the user.
TEMCO Market
TEMCO platform is planning on marking straight link among the developers, users, distribution, via on internet market.
The info about the items and services of the developers and distributors which has been verified via the seller verification system and moreover verified by the TEMCO’s identification can be registered developers and distribution over in TEMCO marketplace, applying TEMCO token.
If the distribution system is simplified via this type of way, developers and distributors can decrease the operational expense, users can buy affordable items. Ratings of the developers based on the review system is linked to TEMCO marketplace as well. TEMCO marketplace will act as a hub, linking all in the supply chain network.
So far we’ve discussed TEMCO’s process cycle and its major characteristics. The TEMCO will carry on thinking and innovating for the growth of better supply allocation system. We’ll bring the more exciting story on the next post.
Conclusion
I’m a fan of what TEMCO is doing and I believe they’ve some huge potential, particularly in cornering the Korean market. I am excited to see how the TEMCO team performs as time goes on.
Useful links :
• Homepage : http://temco.io
• Twitter : https://twitter.com/TEMCOLABS
• Facebook : https://www.facebook.com/TEMCOLABS
Bitcointalk username : cryplava
ETH wallet address : 0xd6005CdFC280e41FbCA9615D68F4f57278A12edc